Of the four major credit card issuers in play today, Discover is the least used and least known. Originally started in 1985 as a Sears brand, Discover has branded itself effectively over the last decade to become a major competitor of Visa, MasterCard and American Express. A line of commercials featuring the customer service representative known as “Peggy” continue to be voted the most memorable by consumers.
The product line that Discover offers to potential new cardholders is not as diverse as others, but it does cover most consumer needs. I’ve compiled the current list of Discover consumer credit cards and focused on the clear strengths and weaknesses of each card. Should you own any of the below cards, please leave your feedback on why you like or don’t like it.
| Discover IT™ |
|
- The new Discover it card is out to change the way people think about credit cards.
- Fair...no annual fee. No overlimit fee. No foreign transactions fee & no pay-by-phone fee. No late fee on your first late payment. And we won't increase your APR for paying late*
- Generous...5% Cashback Bonus on up to $1,500 in purchases at Home Improvement Stores now through June with free and easy sign-up. And 1% cash back on all other purchases.*
- Plus a Cash Back ConciergeSM who guides a free, personalized online tour to help you get the most rewards for how you use your card
- Flexible...Choose your own due date and pay up to midnight ET online or by phone
- Human...talk to a real person any time with 100% U.S.-based service
- Safe...Because you'll never pay for unauthorized purchases with our $0 Fraud Liability Guarantee
- 0% Intro APR* on purchases and balance transfer for 14 months. Then the variable purchase APR applies, currently 10.99%-22.99%. *Click apply for Terms & Conditions
|
| Intro APR |
Intro APR
Period |
Regular
APR |
Annual
Fee |
Balance
Transfer |
Credit
Needed |
| 0%* |
14 months* |
10.99% - 22.99%* (Variable) |
$0* |
0%* |
Excellent Credit |
|
| Discover IT™ |
|
- The new Discover it card is out to change the way people think about credit cards.
- Fair...No annual fee. No overlimit fee. No foreign transaction fee & no pay-by-phone fee. No late fee on your first late payment. And we won't increase your APR for paying late.*
- Generous...5% Cashback Bonus on up to $1,500 in purchases at Home Improvement Stores now through June with free and easy sign-up. And 1% cash back on all other purchases.*
- Plus a Cashback ConciergeSM who guides a free, personalized online tour to help you get the most rewards for how you use your card.
- Flexible...Choose your own due date and pay up to midnight ET online or by phone.
- Human...talk to a real person any time with 100% U.S.-based service.
- 0% Intro APR* on balance transfers for 18 months. Then the variable purchase APR applies, currently 10.99% - 22.99%.
- 0% Intro APR* on purchases for 6 months. Then the variable purchase APR applies, currently 10.99%-22.99%.* Click apply for Terms & Conditions.
|
| Intro APR |
Intro APR
Period |
Regular
APR |
Annual
Fee |
Balance
Transfer |
Credit
Needed |
| 0%* |
6 months* |
10.99% - 22.99%* (Variable) |
$0* |
0%* |
Excellent Credit |
|
| Discover IT™ for Students |
|
- The new Discover it card is out to change the way people think about credit cards
- Fair...No annual fee. No overlimit fee. No foreign transaction fee & no pay-by-phone fee. No late fee on your first late payment. And we won't increase your APR for paying late*
- Generous...5% cash back in categories that change throughout the year up to $1,500 in purchases with free and easy sign-up. And 1% cash back on all other purchases.*
- Plus a Cash Back ConciergeSM who guides a free, personalized online tour to help you get the most rewards for how you use your card
- Flexible...Choose your own due date and pay up to midnight ET online or by phone
- Human...talk to a real person any time with 100% U.S.-based service
- Safe...Because you'll never pay for unauthorized purchases with our $0 Fraud Liability Guarantee
- 0% Intro APR* on purchases for 6 months. Then the variable purchase APR applies, currently 12.99%-18.99%. *Click apply for Terms & Conditions
|
| Intro APR |
Intro APR
Period |
Regular
APR |
Annual
Fee |
Balance
Transfer |
Credit
Needed |
| 0%* |
6 months* |
12.99%-18.99%* (Variable) |
$0* |
N/A* |
Fair Credit |
|
If you are wondering where cards like the Discover More Card or Discover Open Road Card are in this list, they have all been retired by Discover. The above three consumer credit cards are the entire lineup currently offered by Discover.
* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the “Apply Now” button, you can review the credit card terms and conditions on the issuer’s website.
Discover is a paid advertiser of this site.
Rob founded the Dough Roller in 2007. A litigation attorney in the securities industry, he lives in Northern Virginia with his wife, their two teenagers, and the family mascot, a shih tzu named Sophie.
{ 0 comments… add one now }